Harbor Homes Inc.
How we got $843K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 29 years (since 1997)
- Founder still runs it after 29 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Harbor Homes Inc. is a home builder in Norman, Oklahoma, selling new homes in its own neighborhoods, including a trade-in program and energy-efficient features such as HERS energy ratings and post-tension foundations.
From the company's website. Industry: Home builders.
Estimated value over time
▲ 44% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HARBOR HOMES INC. this business | $6.8M | — |
| MORREN HOME IMPROVEMENT, LLC Norman · 4 employees | $1.2M | 0.3 mi |
| GLOBAL LAND PARTNERS, LLC Norman · 13 employees | $5.4M | 0.4 mi |
| STREETER PROPERTIES, INC. Norman · 1 employees | $1.3M | 0.7 mi |
| FOSTER SIGNATURE HOMES, LLC Norman · 5 employees | $10.3M | 0.9 mi |
| RIVERSTONE HOMES LLC Norman · 2 employees | $3.1M | 1.1 mi |
| BLUE SKY CONSTRUCTION LLC Norman · 4 employees | $3.0M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.5M |
| Estimate: the two combined (geometric mean) | $6.8M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $367K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $843K |
| Multiple for this size and industry | 2.3× |
| Value range | $444K – $1.2M |
| Revenue range | $4.4M – $7.7M |
| EBITDA range | $241K – $418K |
| Industry (NAICS) | New Single-Family Housing Construction (except For-Sale Builders) (236115) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingInterBankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| InterBank PPP 2020, PPP 2021 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $69K | 6 |
| 1/21/2021 | second | $69K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Harbor Homes Inc.
Harbor Homes Inc. is a family-owned home builders company in Norman, Oklahoma, in business since 1997. It is owned by Ben Gray (Founder and owner). Its estimated annual revenue is about $6.8M, with roughly $367K of EBITDA. It has about 6 employees. Its estimated business value is $843K (likely range $444K–$1.2M).
Common questions
- Who owns Harbor Homes Inc.?
- Harbor Homes Inc. is owned by Ben Gray (Founder and owner), according to public sources such as the company's website or filings.
- How much revenue does Harbor Homes Inc. make?
- SeeBITDA estimates Harbor Homes Inc.'s annual revenue at about $6.8M (likely between $4.4M and $7.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Harbor Homes Inc. worth?
- About $843K, roughly 2.3× its estimated EBITDA of $367K, typical for a home builders company its size. Likely range: $444K–$1.2M.
- How many employees does Harbor Homes Inc. have?
- About 6, as reported on its PPP loan.
- When was Harbor Homes Inc. founded?
- Harbor Homes Inc. has been in business since 1997.
- Is Harbor Homes Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 29 years (since 1997); founder still runs it after 29 years; no family successor named on its website.